Ssangyong C&E, Vice President Promotion of Raw Material and Cement Supply Experts

Lee Byung-joo, Vice President of Ssangyong C&E. [Photo by Ssangyong C&E]

[Asia Economy Reporter Kim Jong-hwa] Ssangyong C&E announced on the 27th the promotion of Executive Directors Lee Byung-joo and Ji Jun-hyun to Vice Presidents.

Newly appointed Vice President Lee Byung-joo, who has been serving as the executive in charge of Support and Supply Chain Management (SCM), played a significant role in maintaining a long-standing strong labor-management relationship based on a culture of concession and cooperation, enabling Ssangyong C&E to continue its record of 58 consecutive years without labor disputes, the highest level among publicly listed companies in Korea. Vice President Lee is also recognized for establishing a foundation that allowed the stable and competitively priced supply of key raw materials amid the global raw material supply crisis.

Jihyun Jun, Vice President of Ssangyong C&E. {Photo by Ssangyong C&E}

Newly appointed Vice President Ji Jun-hyun, as the executive overseeing Cement Sales and the Slag Cement Business Division, led option contracts for major raw materials from 2018 to 2021, considering rapidly changing global raw material price trends, contributing to manufacturing cost reductions. In particular, he ensured the stable supply of water slag, a key raw material for slag cement which has excellent carbon reduction effects, and based on this, was acknowledged for expanding synergies with slag cement affiliates and strengthening the cement sales foundation.

A Ssangyong C&E official stated, "This vice president-level personnel appointment aims to promote tailored talents who have significantly contributed to achieving management goals under difficult business conditions and demonstrated outstanding performance in resolving key issues based on their expertise," adding, "The two executives promoted to vice president have retained their current positions while only their ranks have been elevated to vice president."

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